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Global Student Information System Market to Grow at a CAGR of 16.62% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Student Information System Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 02/13/2017 -- Report forecast the global student information system market to grow at a CAGR of 16.62% during the period 2017-2021.

Student Information System are highly compatible and can be installed either on a web server or local server of institutions. This encourages schools to adopt software as they will not incur high fixed cost, and they can conveniently blend traditional and online learning. Moreover, these software modules can be used via mobile devices, allowing uninterrupted information access to users. As the digitization of education reaches emerging countries like India and China, there will be a higher demand for the software from APAC.

From an end-user perspective, higher education will dominate the market, owing to stronger functional requirements and learning analytics initiatives. The availability of cloud-based software programs is another factor that is increasing the acceptance of administrative software in schools globally. Cloud-based software programs offer safe and flexible data storage, easy accessibility, and do not require huge investments in hardware and servers.

The report covers the present scenario and the growth prospects of the global student information system market for 2017-2021. To calculate the market size, the report considers the revenue generated from software licenses, maintenance, implementation, and subscriptions in the education sector.

The market is divided into the following segments based on geography:
- Europe
- North America

According to the report, one driver in market is rise in SIS replacement activities. Since its introduction, SIS have experienced radical changes. The introduction of breakthrough technologies and expansion in the user base have shortened the life cycle of such systems. There has been the addition of new features and applications to serve evolving demands of customers in the education sector. The institutions that have deployed previous versions of SIS are facing difficulties in terms of outdated features and compatibility issues with third-party software and applications. Institutions intend to be more student-centric while bringing changes in the course selection and easy student transfer methods. For instance, the Miami-Dade County based in the US has replaced their traditional SIS with Aspen SIS that allows smooth teacher recommendation features through Aspen's gradebook.

Further, the report states that one challenge in market is lack of transparent communication between stakeholders. In the educational institution ecosystem, the decision-making powers pertaining to curriculum and expenditure are largely centralized. Most decisions related to improving teaching methods influence internal processes as well. This aspect of the educational system is a significant hurdle for administrative software implementations. In most institutions, the decision-making authority does not have the essential technical knowledge or background to make crucial decisions during the installation of modules. Institutions rely heavily on vendors, due to which, they refrain from disclosing crucial information that can be included during its implementation in certain situations. Consequently, as important information is withheld, the software modules implemented become a misfit between the system and the institution. Hence, unless, schools realize this challenge and extensively brainstorm with key personnel from various functions, it will be difficult for them to deploy these applications successfully.

Global Student Information System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global student information system market: Ellucian, Jenzabar, Skyward, and Unit4.

Other Prominent Vendors in the market are: Anubavam, Campus Management, Classe365, ComSpec International, Focus School Software, Foradian Technologies, Illuminate Education, ITG America, SAP, Tribal Group, and Workday.

Market driver
- Increased application of analytics in education.
- For a full, detailed list, view our report

Market challenge
- Lack of transparent communication between stakeholders.
- For a full, detailed list, view our report

Market trend
- Incorporation of social media into SIS.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 71 pages and 21 Exhibits "Global Student Information System Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Market segmentation by deployment method, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

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